|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||2.0934 - 2.1690|
|52 Week Range||0.7000 - 4.9800|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||0.54|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TORONTO, April 18, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (Frankfurt: 9SB) is pleased to announce that it has completed multiple tranches of a non-brokered private placement financing of common shares of its subsidiary, Heavenly Rx Ltd. ("Heavenly Rx"), for aggregate gross proceeds of $12,586,250 (the "Offering"). An aggregate of 125,862,500 common shares in the capital of Heavenly Rx ("Heavenly Shares") were issued and sold at a price of $0.10 per Heavenly Share. As a result of this financing, SOL Global now holds 34.40% of the issued and outstanding Heavenly Shares with the subscribers from the Offering collectively holding the remaining 65.60%.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at how, as the cannabis sector matures there is a parallel shift towards brand recognition through acquisitions, marketing partnerships with other well-known brands, or celebrities endorsements to gain market dominance. Cannabis One Holdings Inc. (CSE:CBIS), an emerging, premier "House of Brands" in North America, is also focusing on brand partnerships, having just announced that it has executed a definitive asset purchase agreement to acquire certain assets of Washington-based Honu Enterprises Inc., an award-winning cannabis-infused products brand. The wide variety of Honu-branded products have been consistent favourites among consumers and are top performers in cannabis industry competitions – Honu was declared Best Edibles Company at the 2016 Dope Industry Awards and won the category of Best Sweet Edible in Washington State for its "Coconut Snowball" edible at the 2016 Dope Cup.
HENDERSON, NV / ACCESSWIRE / April 8, 2019 / Investors are bullish on the long-term growth potential of marijuana. As per Lavery, the size of the potential market is somewhere between $250 billion-$500 ...
Pursuant to the terms of an amended and restated share purchase agreement (the "Amended Purchase Agreement") between the Company, CannCure and the shareholders of CannCure (the "Sellers"), SOL Global acquired all of the issued and outstanding common shares of CannCure for a revised purchase price of US$41,207,519, which was partially satisfied by the issuance of 7,317,500 common shares of SOL Global ("Consideration Shares") at a negotiated price of CAD $4.00 per share to the Sellers on a pro-rata basis.
Exactus Inc. (EXDI), a healthcare company pursuing opportunities in Hemp derived Cannabidiol (CBD) products, applauds its Executive Chairman of the Board, Jonathan Gilbert, on the launch of Impact Biosciences Corp. Jonathan Gilbert, cannabis industry veteran, and founder and former CEO of SOL Global Investments Corp. (CSE:SOL) (9SB.F) (SOLCF), whose wholly owned subsidiary, Scythian Biosciences Inc. (“SBI”), is seeking to list SBI as a new public company on the Canadian Stock Exchange (“CSE”) following a successful capital raise and spinout.
TORONTO , April 5, 2019 /CNW/ - SOL Global Investments Corp. ("SOL" or the "Company") (SOL.CN) (9SB.F) (SOLCF) is pleased to announce that it intends to spin off its wholly-owned subsidiary, Scythian Biosciences Inc. ("SBI"), into an independent, publicly-traded company (the "Spin-off"). In connection with the Spin-off, SBI will be renamed "Impact Biosciences Corp" ("Impact") and will continue to pursue a drug development in the United States for the treatment of concussions and traumatic brain injury with its proprietary Cannabinoid combination drug candidate, which is being developed under contract with the University of Miami . Impact's mission is to become the first accepted drug regimen for concussive treatment.
TORONTO, April 3, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (Frankfurt: 9SB) is pleased to announce that 3 Boys Farms, LLC ("3 Boys Farm"), which owns and operates one of the fourteen medical marijuana treatment center licenses in Florida, has received approval from the State of Florida's Department of Health, Office of Medical Marijuana Use ("OMMU") to begin processing and dispensing cannabis products at its new state-of-the-art extraction and processing facility in Indiantown, Florida. SOL Global is in the process of acquiring 3 Boys Farms through its previously announced acquisition of CannCure Investments Inc. ("Canncure") pursuant to a binding share purchase agreement.
TORONTO, April 2, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (Frankfurt: 9SB) is pleased to announce its latest strategic investment, a significant position in premium hemp company Sacred Hemp ("Sacred"). SOL Global has acquired a 10.3 percent stake in Sacred, the Chicago, Illinois-based manufacturer of premium hempseed oil-infused products including pain relief balms and oils, feminine products, massage oils, salt soaks, and personal lubricants. Sacred's product line includes its bestselling all-natural pain relief balms and lotions, made from a combination of natural hempseed oil extracts, essential oils, and menthol.
TORONTO , April 1, 2019 /CNW/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (9SB.F) announces the termination of its agreement with Verano Holdings, LLC ("Verano") to sell a 100% interest in 3 Boys Farms LLC ("3 Boys Farms"), a Florida -licensed medical cannabis company which SOL Global was in the process of acquiring, to Verano. As announced on October 23, 2018 , the Company had entered into a binding contribution agreement to sell a 100% interest in 3 Boys Farms, which included 100% ownership in one of Florida's fourteen (14) vertically integrated medical cannabis licenses to Verano in exchange for USD$100 million of Class B units in Verano.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on the rise of CBD within the overall cannabis market in the US and internationally, and how companies are preparing to deal with this explosive market. With more CBD markets opening up, American Premium Water Corporation (OTC: HIPH), a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors, recently announced that it has engaged A&R Opportunity to manage and fund a national sales team based out of Northeast Ohio that will help market and sell the Company’s products nationwide.
TORONTO, March 28, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (Frankfurt: 9SB) is pleased to announce it has increased its investment in premium soda-maker Jones Soda Co. ("Jones Soda") (JSDA). SOL Global has acquired a total of 4,066,048 common shares of Jones Soda, or approximately 9.8 percent of the total issued and outstanding common shares of Jones Soda. SOL Global has filed an amendment to the Schedule 13D that the Company had previously filed with the United States Securities and Exchange Commission describing its additional investment in Jones Soda.
In November 2018, Mexico announced approval for the importation and sale of cannabis products at pharmacies and retailers across the country to service the Mexican population of 130+ million. Sixty product licenses have been initially approved by the COFEPRIS thus far, and it is expected this decision will make cannabis products like hemp-derived CBD available on the shelves of general retailers across the nation. CannaOne Technologies (CSE: CNNA), a company that develops and markets various digital tools to service various segments for the cannabis industry in Canada, with its flagship product BloomKit, is taking advantage of this new southern market potential.
Cannabis investment company SOL Global (OTC: SOLCF ) announced Tuesday that it took an 8.19-percent stake in Seattle-based Jones Soda Company (OTC: JSDA ). What Happened SOL Global said it acquired 3,396,049 ...
TORONTO , March 26, 2019 /CNW/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (9SB.F) is pleased to announce its investment in leading premium soda-maker Jones Soda Co. (" Jones Soda ") (JSDA). SOL Global has acquired 3,396,049 common shares of Jones Soda in the open market. SOL Global's total investment represents approximately 8.19% of the total issued and outstanding common shares of Jones Soda which, based on publicly available information, makes it the company's largest stockholder.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the new extraction and cultivation agreements in the works in preparation for the burgeoning hemp/CBD industry. At the start of the month, Tilray, Inc. (NASDAQ: TLRY) reported the closing of a previously announced definitive agreement in which Tilray had acquired all of the issued and outstanding securities of FHF Holdings Ltd. from Compass Group Diversified Holdings, LLC and other shareholders of Manitoba Harvest. Tilray acquired Manitoba Harvest on a cash and debt-free basis, for an aggregate maximum purchase price of C$419 million, pending the achievement of certain milestones after the closing of the Transaction.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the growing number of cannabis companies expanding their CBD capabilities, following the major market trends for 2019. Every company and investor in the cannabis industry is well aware of the hype surrounding the potential for CBD and hemp. The momentum of CBD is making everyone take notice and many cannabis companies are not wasting this momentum for CBD, investing in new partnerships and business changes to ensure a strong position for the future.
Harvest Health and Recreation Inc. said Monday that it plans to buy rival cannabis company Verano Holdings LLC for $850 million in stock. Harvest Health trades on the Canadian Securities Exchange and over the counter in the U.S. and went public in November on the CSE. Harvest Health's over the counter stock surged more than 12% in Monday trading. In a press release, Harvest Health said the acquisition cost was based on its share price of $C8.79 ($6.55) and that upon completion the deal it would operate 30 retail stores, eight grow sites and seven manufacturing facilities. Harvest Health has aggressive growth plans and said in the release by the end of 2019, it will have 70 shops, 13 pot farms and 13 manufacturing facilities. Sol Global Investments Corp. has a 15% stake in Verano, which Sol says is worth $127.5 million. Sol Global's chief investment officer and chairman of the board is Andy DeFrancesco, who short sellers Hindenburg Research and Quintessential Capital Management allege was involved with a pump and dump scheme related to Canada-based Aphria Inc.
TORONTO, March 11, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (Frankfurt: 9SB) is excited to announce that the Company has received approval from the Florida Department of Health for the sale and transfer of the 3 Boys Farm ("3 Boys") license from CannCure Investments Inc. ("CannCure") to SOL Global. The approval includes the transfer of all operations and assets, including farms and dispensaries.